Initial Obligors definition

Initial Obligors means the Borrower, the Owner, the Parent, TRS and the Lessee.
Initial Obligors means each Borrower and each other Loan Party that filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code on May 26, 2020.
Initial Obligors means each Issuer and each Guarantor that filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code on May 26, 2020.

Examples of Initial Obligors in a sentence

  • October 26, 2019 date to be used for awards to Directors, DMs , and any other individual whom the Board designates.

  • Each of the Initial Obligors incorporated in England will provide a debenture creating fixed and floating charges over all of its assets and a charge by its direct Holding Company or Holding Companies over all of the shares in that Initial Obligor.

  • On 26 February 2016, the Company announced that it had on 26 February 2016 entered into a loan and investment agreement with SCD, as well as Sear, Tsoi and Ge (collectively, "Initial Obligors"), to advance an aggregate of US$4,300,000 (approximately S$6,022,0003) to SCD in connection with the joint venture of the property development project relating to the SCD Property ("SCD Project").

  • As used in this Agreement, the terms "Administrative Agent," "APL New York," "APL Ohio," "APL Pennsylvania," "APL Operating," "APL Mid-Continent," "Borrower," "Initial Guarantors," "Issuing Bank," "Lender," "Lenders," "Initial Obligors," "Original Credit Agreement," "Original Lenders," "Elk City", "Elk City GP", "Co-Lead Arrangers", "Existing Credit Agreement," "Existing Debt," and "Existing Lenders" shall have the meanings indicated above.

  • The proceeds of the Revolving Loans will be used (a) by the Initial Obligors to repay existing intercompany indebtedness to Vodafone and to pay a cash distribution to AirTouch Communications, Inc.


More Definitions of Initial Obligors

Initial Obligors means the Initial Borrowers and the Initial Guarantors.
Initial Obligors. Original Credit Agreement," "Original Lenders," "Elk City", "Elk City GP", "Co-Lead Arrangers", "Existing Credit Agreement," "Existing Debt," and "Existing Lenders" shall have the meanings indicated above.
Initial Obligors means the Original Obligors and the Acceding Obligors.
Initial Obligors means, collectively, (i) the Borrower under and in connection with the Financing Documents and the other Transaction Documents to which it is party, and (ii) the Guarantor and each Subsidiary of the Guarantor under and in connection with each Transaction Document to which it is party (each individually, an "Initial Obligor").
Initial Obligors has the meaning assigned to such term in the introductory paragraph hereto.
Initial Obligors means the Original Obligors and the Acceding Obligors. “Insolvency Eventin relation to a Finance Party means that the Finance Party:
Initial Obligors. (together with the Borrower, the "Initial Obligors"), the other subsidiaries of the Borrower from time to time party hereto (the "New Obligors"), and CITICORP USA, INC. ("Citicorp"), as Administrative Agent (as defined below).